Street journal, first on china, greg, everyone seems to think that if you dont get a deal, if you can push back tariffs, for now that might be just as good as one, what do you think . Certainly we are past the days where every sickle things got worse, things look worse, the markets took it on the chin, we are now in a stage where things arent getting worse, thats okay, nice if we got better, nice of phase 1 deal but honestly just like staying where we are is satisfactory for the markets. I think, neil, the way to think about it on the trade front we reached a new equilibrium, higher uncertainty, more unilateral action but the markets having sort of got use today the new equilibrium and will take it hard if the equilibrium gets worse. Neil lets say we dont get a delay on tariffs, i imagine that would not be well received . People are putting 75 probability that we delay the the december 15th tariff increases that would be my expectation as well, i dont expect things to be terrible. Neil
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Bbc. Co. Uk news, and the news app. Now on bbc news, live to singapore for Asia Business report. Nintendo flips the switch in china, and it is teaming up with tencent. The World Trade Organisation in crisis as the world shuts down its appeals court. Good morning, asia. Hello, well. Thanks forjoining us for this edition of Asia Business report. Im rico hizon. Lets start off with the gaming sector, because japans nintendo is officially launching its popular switch gaming console in china today. Interestingly it is teaming up with tencent, perhaps the biggest Gaming Company in the world. The japanese giant is best known for games and characters like mario and pokemon which are popular in the mainland, but it doesnt mean that it wont be a challenging environment for the company. To curb gaming addiction, children under 18 are banned from playing online between 10pm in the evening until 8am in the morning on weekdays, in addition to regulation, consul gaming is not as popular in china. Most
Dollars than the other president ial candidates. Well dive your strategy to win the presidency . Former new york mayor and 2020 president ial candidate Mike Bloomberg speaks at a press event here at the climate conference, but refuses to take questions. Democracy nonow didnt gigive. Well t take you on the chahase. Then more e than 100 climatefueled wilildfires are ravaging australia as plumes of smoke in sydney have pushed air quality levels to 12 times hazardous levels. Well speak with australian environmental scientist bill globalout a a new study on warming. Eightare morning of we are wanting of a warming. Current policies push us a little bit over the level by about 20 degrerees to threee degrees. In general terms, we have not seen much improvement. Amy then, back in the United States, the house has introduced articles of impeachment against presesident trump. In service to our duty to the constitution and to our country, ise House Committee introducing two articles of impeachment
Its stronger half of the trading. The korean won jumping most in five weeks and all of this ahead of the tariff deadline as well. A little bit of a risk on sentiment coming through in asian equities and assets today. Absolutely. And youre seeing it with futures trading in singapore. Having a look at what is going on there we are seeing an uplift. We could add to the near half percent gain we saw in the nifty session. Nfte. The dollar is falling against its Indian Counterpart the rupee , half a percent down in the last three trading days. The bloomberg dollar index erasing the gains we have had this year. 10 year yields a spike up as well. It is a time when we are seeing not just a lack of any Interest Rate cuts a perhaps a pause in Monetary Policy is the general feeling. Quite a few rate cuts priced in as the market is adjusting itself to factor in one or two next year. There are looking also at shadow banking and how some liquidity in the market is helping to unfreeze this troubled pa